Defense Budget 2021: Allocation On The Rise, Strategic Plan For Strengthening Balance

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Defense Budget 2021: Allocation On The Rise, Strategic Plan For Strengthening Balance
Defense Budget 2021: Allocation On The Rise, Strategic Plan For Strengthening Balance

Wearing red and white sari, Rabindranath on the face.  In the central budget, Nirmala Sitharaman had the impression of a Bengali.  However, in the midst of so many poems, a balance has been seen in the budget documents in the field of defense.  Amid the ongoing stand-off with China in eastern Ladakh, the Narendra Modi government has spent Rs 20.7 crore on defense to buy equipment on an emergency basis.

 According to budget documents, the government had allocated Rs 1,13,634 crore for capital expenditure in the 2020-21 budget.  However, the revised proposal shows that it has increased to Rs 1,34,510 crore during this period.  Expenditure of Rs 20.6 crore out of budget during China’s provocation in the defense sector last year signaled India’s overwhelming response.  Last year, winter clothing was collected from the United States, ammunition from Russia and missiles from France on an emergency basis. Along the Line of Actual Control, China builds aggressive armaments, including the deployment of large numbers of troops and equipment.  This has created the worst situation between the two countries in the last four decades.

 In the budget presented by Finance Minister Nirmala Sitharaman today, the government has increased the allocation for defense by 7.34 percent excluding pension.  This year, the capital acquisition budget, which will be used to buy new equipment, has been increased by about 16 percent. Expenditure on modernization was Rs 1,13,634 lakh crore last year, which has increased to Rs 1,35,060 crore in this budget, Swarajya said in their report.  According to Defense Minister Rajnath Singh, this year’s capital acquisition budget has increased the most in 15 years. In the budget of 2021, the total expenditure for defense has been set at  4,6,195 crore.

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